04.24.19
In January–March 2019, Suominen’s net sales increased by 3% from the comparison period to €109.8 million ($123.3 million). Sales volumes decreased, but the improved sales prices as well as stronger USD compared to EUR improved net sales. The strengthening of the USD compared to EUR increased the net sales by €4.7 million ($5.3 million).
Suominen has two business areas, Convenience and Care. Convenience business area supplies nonwovens as roll goods for a wide range of wiping applications. Care business area manufactures nonwovens for hygiene products and medical applications. Net sales of the Convenience business area were €101.2 million ($113.7 million) and net sales of the Care business area €8.5 million ($9.5 million).
The main application areas for nonwoven materials supplied by Suominen in January–March were baby wipes (accounting for 41% of the sales), home care wipes (23%), personal care wipes (18%), wipes for workplace use (9%), and hygiene and medical products (8%). The proportions of nonwovens for baby wipes and home care wipes increased from the comparison period, while the share of nonwovens for personal care, and hygiene and medical decreased.
Suominen has two business areas, Convenience and Care. Convenience business area supplies nonwovens as roll goods for a wide range of wiping applications. Care business area manufactures nonwovens for hygiene products and medical applications. Net sales of the Convenience business area were €101.2 million ($113.7 million) and net sales of the Care business area €8.5 million ($9.5 million).
The main application areas for nonwoven materials supplied by Suominen in January–March were baby wipes (accounting for 41% of the sales), home care wipes (23%), personal care wipes (18%), wipes for workplace use (9%), and hygiene and medical products (8%). The proportions of nonwovens for baby wipes and home care wipes increased from the comparison period, while the share of nonwovens for personal care, and hygiene and medical decreased.
